EU AI rules stifle innovation, Meta and Spotify CEOs warn

The total market capitalization of stablecoins increased five-fold in the past year alone. 658 Total views 35 Total shares In a speech published Wednesday noon, Federal Reserve Governor Christopher J. Waller reiterated his skepticism for implementing a central bank digital currency, or CBDC, in the United States. However, Waller is not an ordinary cryptocurrency skeptic,…

Update (March 25, 10:09 pm UTC): This article has been updated to include a response from the SEC and an X post from Robbie Ferguson. Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action.  Immutable — the firm behind the

United States regulators believe they have adopted a “measured yet proactive approach” to cryptocurrency regulation which aids both retail and institutional investors.That was the formal view of Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), who updated lawmakers on official policy on Dec. 10.Clayton: SEC fosters innovationSpeaking in testimony before the Senate…

Crypto exchange Binance has added Circle’s USD-pegged stablecoin USD Coin as a quote asset for several new trading pairs in its combined Stablecoin Market (USDⓈ). The exchange has announced this in an official post published Dec. 14.USD Coin (USDC), first announced by Goldman Sachs-backed Circle this May, and released in September, is one of a…

Another unicorn has entered the race the develop human-level AI.

Toncoin has managed to recover part of its losses following Pavel Durov’s arrest, but it faces the risk of a bull trap.

Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher.Digitize the dollar and take power away from central banksOn Dec. 2, Reuters reported that Giancarlo in his new role at Willkie Farr & Gallagher will continue to focus on…

The St. Louis Federal Reserve stirred up a mix of amusement and curiosity from the crypto community on Tuesday, May 7, after publishing a post showing how the cost of eggs in Bitcoin (BTC) has fluctuated over the last 14-months compared to the U.S. dollar. On June 6, the Fed research arm posted a blog post…